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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
440 Catherine Park Rd, Hot Springs National Park, AR 71913-2208
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US05-0046840
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1975
Total area
5,850 SF
Lot
5.17 ac (225,205 SF)
APN
200-14864-092-000
UPID
US05-0046840
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lake Catherine Waterworks Water Utility Company
-
Patio Beauty Salon Hair Salon Nail Salon
-
Diamondhead QuickStop & Tee Time Cafe Restaurant
-
Solid Rock Storage Diamondhead Storage Facility
-
Diamonddhead Condo Hotel LTD Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Diamond Development Group LLC · 1 yrs held
Diamond Development Group LLC
since 2025
Last sale
$50,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hot Springs National Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hot Springs National Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,851
Tax year 2024
Assessed value
$108,050
Assessed 2024
Previous assessed
$108,050
+0.0% YoY
Effective rate
4.49%
On assessed value
Assessed land
$33,850
Assessed improvement
$74,200
Land market value
$169,250
Improvement market value
$371,000
Total market value
$540,250
Applied tax rate
90.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1975
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,850 SF
Lot
5.17 ac (225,205 SF)
APN
200-14864-092-000
UPID
US05-0046840
Jurisdiction
GARLAND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1975
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
5.17 ac
Current owner
From public records · entity-resolved
Diamond Development Group LLC
Entity
Free & Clear · 1 yrs held
Mailing address
218 PEBBLE BCH DR, HOT SPRINGS, AR 71913-7737
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2025
—
Homegrown SR 5 LLC
—
Deed
related
$4,000,000 · J Bradford Smith
Mar 5, 2025
$17,789
Diamond Development Group LLC
Commissioner Of State Lands
Deed
related
—
Nov 22, 2024
—
Omni Home Builders At Diamondhead R
Diamondhead Resort Community INC
Quitclaim Deed
related
—
Oct 17, 2022
$11,645
Diamond Development Group LLC
Tommy Land Commissioner Of State Of
Redemption Deed
related
—
Apr 26, 2019
$50,000
Diamond Dev Group LLC
Mcclure INC
Warranty Deed
—
Feb 25, 2019
—
Diamond Dev Group LLC
—
Deed
related
$36,000 · Charles C Harris
Sep 8, 2017
—
Diamond Development Group LLC
—
Deed
related
$20,000 · Southern Bancorp Bank
May 22, 2017
$275,000
Diamond Development Group LLC
Pyp INC
Warranty Deed
$280,000 · Southern Bancorp Bank
Apr 10, 1998
$159,000
Pyp INC
Owner Name Unavailable
Warranty Deed
related
—
—
—
Diamond Dev Group LLC
—
Deed Of Trust
related
$36,000 · Charles C Harris
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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